The wave of downgrades continues

  • Royal Dutch shell cut to 'A+' from AA-
  • BP placed on credit watch negative
  • Standard oil on credit watch negatie
  • Repsol on credit watch negative
  • Talisman energy on credit watch negative
  • Statoil US holdings on credit watch negative
  • Total SA on credit watch negative

All the subsidiaries of those companies hit as well.